Sawyer Industries, Inc. (SII), developed standard costs for direct material and direct labor. In 2011, SIl estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container. Direct materials Direct labor Budgeted quantity. 0.20 pounds 0.10 hours Budgeted price $25 per pound $15 per hour During July, SIl produced and sold 5,000 containers using 1,100 pounds of direct materials at an average cost per pound of $24 and 525 direct manufacturing labor hours at an average wage of $14.75 per hour. July's direct manufacturing labor price variance is: O $375.00 unfavorable O $243.75 favorable O $131.25 favorable O None of these answers are correct.